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After a dozen years in Rincon Center, the Cosmopolitan is closing this month. Its last day of business will be May 19.

Partner Michael Suverkrubbe says they’ve been trying to negotiate with the landlords, but the rent for the 7,300 square foot restaurant and bar is reportedly being jacked up to $40,000 a month. They currently pay a little over $30,000.

“We had a good run. We’ve had our same general manager and chef for 12 years,” Suverkrubbe says.

It was indeed a good run, and the concept succeeded in what was previously considered a cursed space, having previously held Larry Mindel’s excellent (but ahead of its time) Etrusca and a short-lived steakhouse. But the Cosmopolitan hit the sweet spot, earning three stars from Michael Bauer in 2000, thanks to chef Steven Levine‘s “big-city food that’s on the cutting edge of San Francisco dining.”

Social Club rendering.

But there’s plenty of good news on the horizon for the Cosmopolitan team.

Suverkrubbe and company are working on a bunch of new projects. They’ve got lease offers out on two San Francisco properties, and are starting construction on a new Petaluma restaurant named the Social Club.

It will be located in downtown Petaluma’s historic riverfront district, and features a. They’re in the process of hiring a chef, but Levine will design the menu and food concept; they hope to hire a chef de cuisine in the coming weeks. For Levine, it’s a return to Sonoma — he originally came to California to open Drew Nieporent’s Freestyle in Sonoma, once upon a time.

Clocking in at 5,000 square feet inside and another 2,000 outside, Social Club will serve American food and wood-fired dishes, along with a focused beverage program designed by consultant Alex Fox and GM Damion Wallace. There will be firepits and a cooking hearth outside. Lauren Geremia (Blackbird, Churchill, Citizens Band) will design the space.

“We see it being the liaison in Petaluma between the bars and the restaurants,” says Suverkrubbe, who also opened Circa (but has since sold it).

No word yet on who — if anyone — will take the current Cosmopolitan space. Suverkrubbe adds that it remains to be seen whether they’ll keep or sell the Type 47 liquor license.